Top 10 Car Insurance FAQs

Car insurance is a complex topic, and there are many questions that people have about it. To help you better understand car insurance, here are 10 frequently asked questions about car insurance.

What is car insurance?

Car insurance is a type of insurance that provides financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.

What does car insurance cover?

Car insurance typically covers damage to your vehicle, medical expenses, legal costs, and other expenses related to an accident. It may also cover damage caused by theft, vandalism, and other events.

How much does car insurance cost?

The cost of car insurance varies depending on the type of coverage you choose, the amount of coverage you need, and other factors such as your age, driving record, and the make and model of your car.

What is the difference between liability and comprehensive coverage?

Liability coverage pays for damages you cause to another person or their property. Comprehensive coverage pays for damages to your own vehicle caused by an event other than a collision, such as theft, vandalism, or a natural disaster.

What is an insurance deductible?

An insurance deductible is the amount of money you must pay out of pocket before your insurance company will pay for a claim.

What is an uninsured/underinsured motorist coverage?

Uninsured/underinsured motorist coverage pays for damages caused by a driver who does not have insurance or does not have enough insurance to cover the damages.

What is a no-fault state?

A no-fault state is a state that requires drivers to carry personal injury protection (PIP) insurance, which pays for medical expenses regardless of who is at fault in an accident.

What is a named-driver policy?

A named-driver policy is a type of car insurance policy that only covers the named drivers on the policy.

What is a non-owner car insurance policy?

A non-owner car insurance policy is a type of car insurance policy that covers drivers who do not own a car but still need insurance coverage.

What is gap insurance?

Gap insurance is a type of car insurance that pays the difference between the actual cash value of a vehicle and the amount still owed on the loan if the vehicle is totaled or stolen.

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